Wells Fargo Asset Cap Lifted - Search News

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Wells Fargo escapes Fed's asset cap

Bloomberg · 4d

Wells Fargo Asset Cap Lifted by Fed, Paving Way for Growth

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, unleashing the firm from the unprecedented punishment in a major win for Chief Executive Officer Charlie Scharf.

Barron's on MSN · 2d

Elizabeth Warren Pushes Fed to Reinstate Wells Fargo’s Asset Cap

The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the amount of assets the bank of assets can hold was warranted

Yahoo Finance · 4d

What's in Wells Fargo's future after the Fed's asset cap lift?

The Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap this week. Chris Whalen, chairman of Whalen Global Advisors, explains why Wells Fargo's focus is shifting toward retail banking and away from wholesale lending.

4dOpinion

Wells Fargo’s Asset Cap Has Been a Good Punishment

The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.

3don MSN

Wells Fargo CEO goes from fixer to builder as regulators lift punishments

By Nupur Anand, Lananh Nguyen NEW YORK (Reuters) -Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but ...

4d

Wells Fargo Freed From Fed Asset Cap: Goldman, BofA Predict Double-Digit Earnings Surge Ahead

Wells Fargo & Co. WFC +3.27% + Free Alerts just got a green light from the Federal Reserve to break free from a major ...

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